{Economic Cycles (3) [continued (6)]}[23rd September 1990]

[Redbook7:322][19900923:1945f]{Economic Cycles (3) [continued (6)]}[23rd September 1990]

.1945

[continued]

Stability in growth requires the kind of self-restraint, even self-sacrifice, submission, and mutual co-operation at present found only in the German and Japanese economies:* although even the Japanese system is slightly suspect, in the longer run.

*[What about the Swiss economy at the time? & maybe the Netherlands?]

[continued]

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